Tailam Tech Construction sells 5% Zhejiang Erg stake for RMB 17.15 million

PUBT·04/30/2026 08:57:56

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Tailam Tech Construction agreed to sell 3,021,500 shares in Zhejiang Erg Technology, equal to a 5% stake, for RMB 17.15 million.
Deal signed April 30, 2026 with buyers Li Xiantai, Li Xiujuan.
Price set at RMB 5.68 per share, matching exit terms tied to a 6% annualized return agreed at acquisition in January 2024.
Cash payment due on or before June 30, 2026, with completion set by same date.
Group expects an unaudited disposal gain of about RMB 1.1 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tailam Tech Construction Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260430-12138830), on April 30, 2026, and is solely responsible for the information contained therein.

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